Instructions Divisional Income Statements Final Questions III Instructions % The Crunchy Granola Company is a diversified food company that specializes in all natural foods. The company has three operating divisions organized as investment centers Condensed data takon from the records of the three divisions for the year ended June 30, 2017, are as follows: Snack Cake Division 58,100,000 Sales Coreal Division $25,900,000 16,620,000 7,726,000 Retail Bakeries Division $9.800,000 6,700,000 5,500,000 Cost of goods sold Operating expenses Invested sold 1.973.000 2.414,000 10,360,000 2,025,000 6,533,333 The management of The Crunchy Granola Company is evaluating each division an a basis for planning a future expansion of operations Required: 1. Preparo condensed awaonal income staterants for the throw divisors, assuming that there were no service centeret stuurpes 2. Using the DuPont formula for return on vestito compute the profit margin, tweet umowa, and return on investment for each walon If required, round your final answers to one decimal place. 3. If available funds permit the expansion of operations of only one division, which of the divisions would you recommend for expansion, based on RELARI Instruction Divisional Income Statements Final Questions Instructions Divisional Income Statements TH Ca The Crunchy Granola Company Divisional Income Statements For the Year Ended June 30, 2017 1 Cereal Division Snack Cake Division Retail Bakeries Division 2 Sales Cost of goods sold * Gross profit Operating expenses Income from operations Th TER If required, round your final answers to one decimal place 3. If available funds permit the main fawratinentant nne ulein which the award ravnane han 2. Using the DuPont formula for return on investment, compute the profit margin. investment turnover and return on investment for each division. If roc to one decimal place Division Profit Margin Investment Turnover ROI Cereal Snack Cake Retail Bakeries